COVID Stimulus Watch Individual Entry

Note: this award was refunded

Recipient Company:
Chembio Diagnostics, Inc.
Loan or Loan Guarantee Amount:
$2,980,000

Recipient Details

Ownership Structure: publicly traded (ticker symbol CEMI)

Award Details

Award Date: Apr 20, 2020
Award Type: loan
Award Details: The company later said it would return the money: https://www.sec.gov/Archives/edgar/data/1092662/000114036120011303/form8...
Program Name: Paycheck Protection Program ($150,000 and up)
Awarding Agency: Small Business Administration
Data Source for Award:
https://www.sec.gov/Archives/edgar/data/1092662/000114036120009307/form8...

Parent Company Data

Parent Company: Chembio Diagnostics, Inc.
Headquartered in: New York
Parent Sector: medical equipment and supplies
Parent Industry: diagnostic products
Employees (prior to pandemic): 324

Accountability Issues Since 2010

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CEOpay icon
CEO Compensation: $1,430,957
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Details on Accountability data sources